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Noun: settlement  se-t(u)l-munt
  1. A body of people who settle far from home but maintain ties with their homeland; inhabitants remain nationals of their home state but are not literally under the home state's system of government
    "the American settlement in Paris";
    - colony
  2. A community of people smaller than a town
    - village, small town, tank town [N. Amer, informal]
  3. A conclusive resolution of a matter and disposition of it
  4. The act of colonizing; the establishment of colonies
    "the British settlement of America";
    - colonization, colonisation [Brit]
  5. Something settled or resolved; the outcome of decision making
    "they finally reached a settlement with the union";
    - resolution, closure
  6. An area where a group of families live together
  7. Termination of a business operation by using its assets to discharge its liabilities
    - liquidation
  8. (finance) the completion of a transaction, e.g. delivery of goods by the seller and payment for them by the buyer

Derived forms: settlements

Type of: agreement, body, community, conclusion, constitution, deciding, decision making, ending, establishment, formation, geographic area, geographic region, geographical area, geographical region, organisation [Brit], organization, termination, understanding

Encyclopedia: Settlement